Will there be fewer than 20 average daily transits of the Bab el-Mandeb Strait on October 31?

Last captured price

8¢

±0¢ · 24h

Implied probability 8%
$8.8K total volume · YES/NO

7-day range 6.5–13¢

Gotcha risk — resolution-rule assessment

Gotcha coverage has not been generated for this market.

Liquidity

Medium tradability

Moderate book at the daily check: a spread over 1¢, or less than $50K within 5¢ of the mid. Larger orders may move the price, so check the book before sizing.

Book depth $2.2K within 5¢ of mid
Price history range

Price history

Market price

Not enough price history for this range yet.

5¢10¢15¢Oct 12Oct 12Oct 12Oct 12

Not enough price history for this range yet.

Why it moved

No big moves in the last 7 days.

Resolution rules

This market will resolve according to the 7-day moving average of transit calls (“Arrivals of Ships”) for the Bab el-Mandeb Strait that IMF Portwatch reports for October 31, 2026. Transit calls include container, dry bulk, roll-on/roll-off, general cargo, and tanker ships. Ships not reported by IMF Portwatch will not be considered. This market will resolve as soon as the relevant data has been published. If the relevant data is not published within 14 calendar days of the specified date, this market will resolve based on the most recent data published up to that point. In case of obvious data integrity issues (i.e., erroneous data), the market may remain open until the end of the third calendar day (ET) after the date on which such data is first released to allow for corrections. Data integrity issues refer only to clerical or other similar errors in the underlying data, and do not include cases where IMF Portwatch differs from alternative sources. The resolution source for this market will be IMF Portwatch, specifically the transit calls data published for the Bab El-Mandeb Strait at https://portwatch.imf.org/pages/6b1814d64903461b98144a6cc25eb79c, both in the chart and through downloadable files. Where an unrounded and rounded value provided by the resolution source differ with respect to the resolution of this market, the unrounded value will be used.

Rules history

Rules history is not displayed yet.

Market explained

Explainer coverage has not been generated for this market.

Community forecast

Community forecasting arrives with the forecast tools.